Analyst, Market Regulation

About the role

ICE Futures U.S., Inc., a subsidiary of Intercontinental Exchange, Inc., is a U.S. derivatives exchange registered with and regulated by the CFTC as a contract market for commodity futures and options. The Market Regulation Department enforces the Exchange’s rules through market advisories, investigations, and disciplinary actions. This full‑time Analyst position will investigate trading activity in derivatives markets to detect potential violations of Exchange rules and CFTC regulations applicable to energy, agricultural, and financial futures and options traded on ICE Futures U.S. markets, and will provide guidance to market participants based on their dynamic needs.

Responsibilities

• Develop substantive knowledge of the Exchange’s rules and CFTC regulations.
• Stay informed on relevant Federal regulations, policy, and developments.
• Develop knowledge of commodity markets, particularly energy, financial, and agricultural markets.
• Monitor the relationship between cash commodity fundamentals and the futures market, especially in energy and agricultural sectors.
• Work with large, complex data sets.
• Research data from real‑time and post‑trade systems to identify abnormalities or potential rule violations.
• Document detailed analyses of trading activity.
• Conduct investigations of potential rule violations by obtaining testimony, compiling records, and drafting investigative reports for presentation to disciplinary committees.
• Build relationships with market participants and provide guidance on Exchange rules.
• Improve common processes to find efficiencies.
• Collaborate with others on technology and systems to enhance operational processes.

Requirements

• Bachelor’s degree in Economics, Finance, Mathematics, or a Juris Doctorate.
• Strong analytical and communication skills.
• Familiarity with futures markets, commodities, and trading.
• Familiarity with data‑analytic tools is a plus.
• Exceptional written and verbal communication skills.
• Self‑starter who can prioritize and meet deadline pressure.
• Comfortable working in a fast‑paced, high‑stress environment.
• Ability to communicate with market participants, federal regulators, and executive management.
• Knowledge of futures exchange operations, trading, risk management, or regulations.

Pay

New York base salary range: $70,000 – $90,000 USD.

Illinois base salary range: $60,000 – $80,000 USD.

The base salary does not include Intercontinental Exchange’s incentive compensation. Compensation is based on the skill set and experience of the individual.

Benefits

• Healthcare coverage (medical, dental, and vision)
• 401(k) plan
• Life insurance
• Time off
• Paid leave for qualifying circumstances